The sequester is now here and states are bracing for the million dollar budget cuts in areas such as education, Medicare, and Defense. The Democrats and Republicans could not agree on how to settle the budget, screwing the whole country in the process. Obama called out the Republicans, saying “None of this is necessary. It’s happening because Republicans in Congress chose this outcome over closing a single wasteful tax loophole that helps reduce the deficit.” Republicans refused to close a tax loophole that evens the playing field for the rest of us (which is basically an exemption that lets people pay a VERY small tax percentage on large sums of money) and would not negotiate further. They could have called the whole thing off but didn’t and we all lose because Congress was hijacked. Hit the jump to see the INSANE cuts that are going to be felt around the country.
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